|Rheology Modifiers Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2030
The global rheology modifiers market size was significantly robust in 2021 and is expected to register rapid revenue CAGR over the forecast period. Increasing demand for high performance paints and coatings, growing number of construction and industrial activities, rising consumer preference for high-quality home care solutions, and increase in research and development activities to expand application scope of rheology modifiers are some key factors expected to drive market revenue growth over the forecast period. In addition, rising disposable income among individuals and subsequent demand for sophisticated and high-quality houses and infrastructure and rising production of automotive vehicles is expected to further boost demand for paints and coatings, in turn, contribute to revenue growth of the rheology modifiers market going ahead.
Rheology modifier is a material that changes or alters the rheology of a fluid composition and controls rheology profile of the ink including yield stress and viscosity at different shear modes and rates. Water soluble polymers such as poly ethylene glycols have molecular weight in a range of several hundreds to thousands and are used as rheology modifiers. Rheology modifier is often selected according to parameters that include it should not strongly associate with multiple pigment or latex particles, associative thickening should be avoided considering loose association with rheology modifier can increase yield stress, and depletion flocculation should be avoided as it can lead to phase separation and non-uniform color density during prints. Rheology modifiers are also referred to as Thickeners or viscosity modifiers.
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Different businesses in the chemicals and materials industries differ in size, geography, business style, and end-market focus. These businesses are part of a larger ecosystem that includes oil, gas, coal, minerals, and bio-based products as raw materials on one hand and a wide range of application industries on the other. It is traditional to divide the chemical industry into three major categories: petrochemicals, diversified manufacturers, and specialized industries.
While the wider patterns discussed in the previous section apply to the entire sector, the complexities of the distinctions among the various players indicate the need to analyze trends by segment of the industry. As part of its multiverse series, Deloitte classified chemical sector stakeholders into three groups: natural owners, distinctive commodities, and solution providers. Each of these groups usually has its own strategic imperatives. It is common for vertically integrated natural owners to prioritize continuous improvement over innovation when operating their businesses. By focusing on supply chain efficiency, market innovation, and cost optimization, differentiated commodities flourish in a highly fragmented and complex industry. This is exactly what solution providers do: they focus on maximizing the value of their unique products as well as their application expertise and services.
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Moreover, the report provides insight into how the Rheology Modifiers market will develop between 2023 and 2028. Companies operating in the Rheology Modifiers market can benefit from the in-depth dynamics presented in the report, thereby making strategic development decisions that will help them succeed. During the forecast period, the Rheology Modifiers market is expected to undergo significant changes that will highly configure its growth.
Furthermore, the report highlights the growth prospects of the Rheology Modifiers market and estimates market progress in terms of value (USD million) and volume (thousand units).
Major Companies in the Market Include:
- BASF SE
- The Dow Chemical Company
- Lubrizol Corporation
- Croda International Plc.
- Akzo Nobel N.V.
- Elementis Plc.
- BYK Additives & Instruments
Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
- Paints & Coatings
- Cosmetics & Personal Care
- Adhesives & Sealants
- Oil & Gas
- Home Care Products
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Key Questions Answered in This report on the Rheology Modifiers Market
The report provides detailed information about the Rheology Modifiers market on the basis of comprehensive research on various factors that play a key role in accelerating the growth potential of the market. The information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the Rheology Modifiers market, so as to help them formulate successful strategies and take target-driven decisions.
- How are key market players successfully earning revenue from the advantages of the product?
- What will be the Y-o-Y growth of the Rheology Modifiers market between 2023 and 2028?
- What are the winning imperatives of market frontrunners in the Rheology Modifiers market?
- Which end-user is expected to undertake maximum adoption of the product during the forecast period?
Research Methodology: Rheology Modifiers Market
The research methodology adopted by analysts to compile the Rheology Modifiers market report is based on detailed primary as well as secondary research. With the help of in-depth insights of industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the Rheology Modifiers market.
During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through interviews with genuine resources, analysts have emphasized the changing scenario of the Rheology Modifiers market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, import and export data of major countries around the world, industrial production index, industry association publications, and company websites to obtain the necessary understanding of the Rheology Modifiers market.
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